I recommend a lot of stocks here, and they can quickly get lost in the crowd. So I thought I would go over every stock I have recommended or analyzed over the last couple of months and see what has happened and what I think about them now.
Most of you are already familiar with my 4 stocks to buy in 2009, so I won’t touch up on any of those in this article.
Stocks are listed from oldest to newest recommendation, and you can get a free trend analysis for them.
JDS Uniphase Corporation (JDSU) up 49% – Another stock brought to my attention by a CPM user. Short-term this stock seems like it will pullback slightly before testing new highs again.
Zagg (ZAGG) no trade – Dropped down to entry target of $5.50, but never popped higher.
Vale (VALE) up 31% – Bounced off support like predicted and jumped higher. The stock has been moving sideways since initial jump, but like stock above $21.
EMC Corp (EMC) up 30% – Bounce off 50 SMA was confirmed with move higher. Currently EMC is in a mini trading zone. Like it over 17, but bad if it goes below $16.50.
China North East Petroleum (NEP) up 24% – Broke out of wedge and moved higher. Now the stock looks to bounce off the 50 SMA.
Angiotech Pharmaceuticals (ANPI) up 5% – This stock was a pure speculation play and meant for a quick pop. ANPI has been riding the 50 SMA for a while now. The stock looks coiled up and ready to make another quick jolt higher, I wouldn’t put too much into the move.
Metalico (MEA) up 10% – It bounced straight off the 62% retracement just like I thought it would, and peaked up at $5.00 (the real sell point); however, the stock is still up from the initial pick and looks to be funneling into a triangle to breakout one way.
Check out a free trend analysis for these stocks.
Conseco (CNO) up 76% – Yet another smash winner picked by a CPM user, the stock broke out of the wedge pattern and hasn’t really looked back since. Currently CNO is trying to break passed the $4.60 resistance level. I obviously like it above that.
China Sunergy (CSUN) and Canadian Solar (CSIQ) no trade – While the solar sector has really taken a back seat to the current economic conditions, I thought I would look at some quality quick pop solar plays. Unfortunately, these stocks never hit their entry points.
China Architectural Engineering (CAEI) no trade – We were waiting for confirmation of higher move off bollinger bands, but it never happened and stock continues to head lower. Currently the stock looks to have bounced off the 200 SMA and trying to get break above the 50 SMA. Like entry point on clear break.
KKR Financial Holdings (KFN) up 43% – The stock originally fell below support; however, it tested that new resistance again and has continued to move higher since. There is a bit of resistance around $4.60. I like the stock above that.
Liz Claiborne (LIZ) up 36% – The stock looks to make a clean break away from the 200 SMA and run higher. Resistance coming up at $5.43.
JA Solar (JASO) up 10% – A solar stock that has finally done something. It has completed its move up to $4, which was the initial price target; however, it has had trouble trying to break through. Currently in a mini flag. Watch for breakout either way.
ATP Oil & Gas (ATPG) up 48% – The most recent pick has just sky-rocketed over the last week. As of late it looks like some profit taking is taking place; however, remember that this stock has historically moved in correlation with the price of oil. In other words, if oil goes up so will this stock.
You can learn about the methods I use to pick these profitable stocks.